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(An initiative of eHealth Technology Business Incubator,

 Sponsored by Department of Science and Technology (DST), Govt. of India)


Tel. : +91 80 25743300 Fax : +91 80 25743700  email :

MR. Ashok kumar saxena

BSc (Engineering) for IIT-BHU, Mr.Saxena was formerly the Managing Director and Board Member of a large Government of India Public Sector undertaking. HINDUSTAN AERONAUTICS LIMITED (HAL).(2001-2007). Mr.Saxena has had an outstanding career track record of over three decades holding top-level and key management positions, Commended for steering and positioning the organization strongly on all fronts, carving an excellent image in the industry. Recipient of several honours, awards, titles and recognition from industry and Government at the national level. Recognized in India and globally.  As a diplomat in Indian Embassy, Moscow, he fostered strong political and industrial ties, building immense goodwill and peace between INDIA and erstwhile USSR.  Rich technology background. Acknowledged as a leader in kick – starting several creative initiatives. Team leader with extraordinary people oriented skills. Aggressively pursue goals with single – minded focus. Mr.Saxena is a receipient of prestigious awards like “Rajiv Gandhi Shiromani Award”, ‘Rashtriya Ratan Award’ and ‘Indira Gandhi Sadbhavan Award’ for outstanding individual achievements and distinguished service to the nation. 


Mr. Kamal Bali is the Managing Director of Volvo India at Volvo Buses India Private Limited and Chairman of CII's Karnataka Council. Volvo India is into trucks, construction equipment, technology and product development and employs around 3,000 people in India. With a career spanning three decades, predominantly in the automotive and CE industry, Mr. Bali has worked for well-known Indian brands and also established and developed multinational corporations in India. He has had a broad experience in the functional areas of sales, marketing, finance, human resources, and exercised significant P&L responsibilities An engineering graduate from the Indian Institute of Technology (IIT), Bali began his professional career with Eicher Group in 1981. Later, he headed the Sales function for Escorts' Tractors & Claas Harvestors, followed by the position of CEO & Managing Director for Same Deutz -Fahr India and Escorts Construction Equipment.Prior to joining Volvo India, Bali was working as the President & CEO of LeeBoy India Construction Equipment Private Limited. Mr.Bali is very passionate about Engineering Start-ups and beleives that Indian Engineering start-ups can play a key role  in Global Frugal  Innovation value chain. He also beleives that Large Corporates must play an anchoring role in promoting start-ups.

Dr. a.s.RAO

A Senior mentor to Indian innovators, he has long experience in industry, government and academics. He orchestrated TePP program of DSIR supporting over 300 innovators with a network of 30 outreach centres and 80 Technology Angels. He was Founder President of Indian Innovators Association, Indian affiliate of IFIA (International Federation of Inventor's Association). Consultant on `Innovation Cluster' initiative of DST implemented by Foundation for MSME Clusters. Authored books (hard copies and E copies) , written on Creativity, Innovation. He blogs at: Dr.Rao pioneering work in nurturing ideas during infancy has made him an icon in the start-up community.


Mr.Parande former Dy. Managing Director of State Bank of India has played a key role in Banking during the transition of the Indian Economy post liberalization. Prior to that he was Managing Director of State Bank of Hyderabad and Executive Director of SBI Capital Markets Ltd. At SBI Capital he launched SBI Mutual Fund, the first Mutual Fund set up in the country (aside from UTI). He has successfully launched an offshore fund of over USD250M in collaboration with Morgan Stanley and secured mandate for and managed a convertible bond fund of USD50M by Asian Development Bank. A gold medalist throughout his academics Mr.Parande holds M.Sc., CAIIB, AIB, LLB and LLM degrees. Mr. Parande will advise on investment criteria and will help in deal due diligence and exit strategies.

Mr Himanshu Shukla

Mr.Shukla brings over 25 years of experience in venture capital and strategy consulting. He has structured many cross-border partnerships, JVs and marketing agreements. Starting his career in Morgan Stanley Dean Witter,  he is an accomplished investment banker and presently the President of Ramblax and Company, Inc. a consulting firm based out of New Jersey providing advice to emerging and mid-sized technology, manufacturing and educational firms. Previously, he was Co-MD of USD125M PE fund focused on sector specific townships projects in India. Himanshu has founded and led multiple IT firms including  major M&As and listing of a company on the NYSE. He is founder- chairman of The USA-India Foundation and has led multiple US Congressional delegations to India. Himanshu has a degree in Geography and Environmental Engineering from The John Hopkins University. 

Mr Rama Subramaniam

Mr.Rama Subramaniam is the President of Blue Sky Acquisition Corp. He has over 25 years of professional experience in USA, Europe and Japan. Ram was associated with several entities listed in BSE & NYSE. He is a board member of eHealth Technology Business Incubator and a founding director of  The USA -India Foundation. He has invested in and serves on the boards of several start-ups and mid-sized companies in IT, Pharma and Infrastructure sectors. As a Director of eHealth TBI and has pioneered numerous programs focussed on Start ups, including (but not limited to)  “Platinum Key”, Mentor Centre. Unified Appraisal Process and Structured Scale-up Program (SSP) under the Seed support fund. He serves on the board as a nominee of the Seed Support Fund for Half a dozen start-up companies. Fist to envision a large grass-root innovation program, Ram has partnered with VTU (Visveswarya Technological University), India largest Unitary Technological University and co-opted 200 Chief Innovation Officers in each of the 200 Engineering colleges to promote Grass Root Innovation programs. Half  a dozen successful companies have come out of this program. Under the incubator cluster model, Mr.Subramaniam is an alumni of Madras University, Mysore University and  IISc, Bangalore and holds degrees in Science & Engineering. He is also the principal architect of BlueSkyAngels.

"Obstacles are those frightful things you see when you take your eyes off the goal."

​                           - Henry Ford

Prof.shivaram malavalli

Professor Malavalli is an accomplished mentor and the most admired Angel in the incubation system. The Malavalli family has not just mentored start-ups, but  invested in them creating some of the finest enterprises with a huge social impact. Member Governing Board of the "Indian STEP and Business Incubator Association (ISBA)", Prof. Malavalli has played a key role in promoting the innovation ecosystem in the Country. The Indian STEP and Business Incubator Association (ISBA) was set up in 2004 as a registered professional body to promote business incubation activities in the country through exchange of information, sharing of experience, and other networking assistance among Indian Business Incubators, Science and Technology Entrepreneurs Parks (STEPs) and other related organizations engaged in the promotion of start-up enterprises.  Prof.Malavalli has singlehandedly mentored more than 200 enterprenuers in India and the US. He is the architect of the Cross Border Enterpernuership initiative under the San Fransicco – Bangalore Sister city program, the first large scale initiation between Silicon Valley of India (Bangalore) and Silicon Valley of the US (San-Francisco) in close partnership with TiE Silicon Valley. As the Chairman and Md of  eHealth TBI, a Section 25 Non Profit Organisation promoting Technocrat Entrepreneurs Sponsored by Department of Science & Technology Govt. of India, Prof.Malavalli has pioneered numerous initiatives for promotion of Start-up companies.  Trustee,Indus International School he has serous interest in Primary and Secondary Education.  He graduated in Engineering from University of Mysore and is an Alumni of IIT Mumbai.

MR.Sudhakar Rao

Mr.Sudhakar Rao is currently Chairman of the Bombay Stock Exchange (BSE). He is retired Indian Administrative Service (IAS) Officer of the 1973 batch. served in various capacities in State Government before leaving on deputation  to the Government of India as Deputy Secretary in the Department of Economic Affairs, Ministry of Finance for two years and Director in the Prime Minister's Office for two years, dealing with policy matters covering social sectors. Later he was Joint Secretary in the Ministry of Power following which he was posted as Minister (Economic) in the Embassy of India in Washington for four years. In the Sate government he has held various assignments, including CMD of the Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC), Principal Secretary, Finance; Principal Secretary, Home; Principal Secretary to the Chief Minister of Karnataka; Development Commissioner and finally, Chief Secretary of Karnataka. He was a Member of the Public Enterprises Selection Board (PESB). Mr. Rao has a Master's Degree in Economics from the Delhi School of Economics and a Master's Degree in Public Administration from the Kennedy School of Government, Harvard University. Mr. Rao is also an Independent Director on the boards of various companies / Institution/s (including Indian Oil Corporation Limited , CMC Ltd. He is also the chairman of BFSI Sector Skill Council of India and the chairman of the India chapter of Common Purpose. Mr. Rao is on the IFFCO Foundation and Varalaxmi Foundation of the GMR group. He is also the present chairman for the advisory group of the Bangalore School of Music. Mr. Rao is the Group Advisor, Strategy and Development of the Manipal Education and Medical Group.